Industrial Bank mortgage interest rate:

According to the latest LPR, the 1-year LPR on July 20, 2022 is 3.7%, and the 5-year or above LPR is 4.45%. Of course, 5 Loans with a term of more than 1 year are mainly targeted at home loans. Therefore, for home buyers, they only need to pay attention to the 5-year LPR, and the benchmark is 4.45%.

According to the announcement issued by the central bank on May 15, 2022, for households that purchase ordinary self-owned houses with loans, the lower limit of the commercial personal housing loan interest rate for the first home will be adjusted to no lower than the corresponding term loan market The quoted interest rate is reduced by 20 basis points, and the lower limit of commercial personal housing loan interest rates for second homes is implemented in accordance with current regulations.

Before the adjustment, the lower limit of the interest rate for the first home loan was the market quoted interest rate LPR for the corresponding term loan, and the lower limit for the second home loan was LPR + 60 basis points. According to the latest loan market quoted interest rate (LPR) on July 20, the 1-year LPR is 3.7%, and the 5-year or above LPR is 4.45%.